[email protected] www.markbrearley.co.uk 45 Great Horton Road Bradford, BD7 1AZ Excellent Mixed Use Investment Opportunity FOR SALE Total Gross Income of £41,900 Per Annum, With £25,400 Per Annum Secured on the Ground Floor Letting to Greggs Plc and DC Payments (Cash Machine) Property Includes 5 Residential Units PRICE: £475,000 – Subject to Contract CHARTERED SURVEYORS & COMMERCIAL PROPERTY CONSULTANTS 45 Great Horton Road, Bradford, BD7 1AZ LOCATION The cash machine is let to DC Payments, for a term of 5 years from 20 February 2017 at a rental of £8,400 per annum. The property occupies an excellent prominent corner location with good main frontage to Great Horton Road at the junction of Great Horton Road and The residential properties are let on a variety of Assured Shorthold Tenancy Manville Terrace, directly opposite the main entrance to the University of Agreements, producing a total gross rental income of £16,500 per annum. Bradford. The property is on the periphery of the City Centre, in the established student area, but also a popular location for restaurants and The current total gross rental income is £41,900 per annum. many other commercial occupiers drawing on the substantial number of students not only attending the University of Bradford but also Bradford A more detailed Tenancy Schedule is available upon request. College. Nearby occupiers include McColls Convenience Store, Subway, Priestley’s PRICE Estate Agents, Pepe’s Piri Piri, Burger Time, Just Coffee etc. Great Horton Road also includes a number of other occupiers including Fortune Cookie, £475,000 subject to contract plus VAT – if appropriate. Subject to contract. Nitro Gelato, Premier Convenience Store, Dunkers Delight, Flirt Gelato and My Lahore Café Bar. VAT DESCRIPTION VAT will be charged at the prevailing rate – if applicable. The property comprises ground floor retail premises, let and occupied by Greggs Plc, together with an ATM operated by DC Payments. At upper floor LEGAL COSTS levels, are 5 self-contained individual residential units, all let and occupied. Each party to be responsible for their own legal costs incurred in the transaction. ACCOMMODATION The property currently provides the following approximate floor areas:- ENERGY PERFORMANCE CERTIFICATE Retail Element The Energy Performance Certificate (EPC) rating for the premises are as follows:- Ground Floor (Greggs Plc) 105.02 sqm (1,130 sqft) Commercial Section - D – 83 ATM 5.83 sqm (63 sqft) Flat 1 - Commissioned Flat 2 - D – 67 Lower Ground Floor (Greggs Plc) 30.03 sqm (323 sqft) Flat 3 - C - 70 Flat 4 - C - 77 First Floor (Residential) Flat 5 - C - 76 3 Self-contained studio units VIEWING Second Floor (Residential) Strictly by prior appointment with the sole selling agents:- 2 Self-contained studio units Mark Brearley & Company – Tel: 01274 595999 External Email: [email protected] Web Site: www.markbrearley.co.uk Forecourt, access areas etc. (May 2019 – 4299 / MAJB) RATING ASSESSMENTS The property is currently assessed for Uniform Business Rates as follows:- Description: Shop and Premises Rateable Value: £13,000 The Uniform Business Rate for 2019/2020 is 50.4 pence in the £. Due to transitional relief provisions, the rates payable may have no relation to the rateable value. Interested parties are advised to check with the Local Rating Authority as to the current rates liability. The 5 residential units have a Council Tax Band of A. LEASES The ground floor and basement areas are let to Greggs Plc under the terms of a 10 year lease from 19 December 2016, expiring on 18 December 2026, at a current passing rental of £17,000 per annum. The lease is subject to a rent review with effect from 19 December 2021. The lease also incorporates a break clause in 2021. MISREPRESENTATION ACT 1967: These particulars shall not form any part of any contract and no guarantee is given to the condition of the property or the accuracy of its description. An intending purchaser or tenant is not to rely on any representation made in the particulars and must satisfy himself (or herself) as to their accuracy by his (or her) own investigation before entering into any contract. No liability is accepted by Mark Brearley & Company for any losses howsoever arising directly or indirectly where reliance is placed on the contents of these particulars by intending purchaser or tenant. 13 Park View Court, Shipley BD18 3DZ Prospect House, 32 Sovereign Street, Leeds LS1 4BJ Tel: 01274 595999 XXXX Printed by RavensworthTel: 0113 Digital 3891049 0191 2303553 M377 Printed by Ravensworth 01670 713330 .